CSSC SHIPPING (03877) announced that on December 10, 2024, a wholly-owned subsidiary of the company (as the borrower)...
According to a report from the Zhito Finance APP, CSSC SHIPPING (03877) announced that on December 10, 2024, a wholly-owned subsidiary of the company (as the borrower), the company (as guarantor), and a Bank (as the lender) entered into a financing agreement, whereby the lender has agreed to provide a financing amount of up to 0.96 billion yuan to the borrower, which will partially finance the acquisition of Ships. The maturity date of this financing is 36 months from the date of drawdown.